Facts of Mimi Faust
How Much Is Mimi Faust’s Net Worth?
Mimi Faust, an American reality TV personality is famous as the ex-girlfriend of producer Stevie J. Since, 2012, she stars on the VH1 program Love & Hip Hop: Atlanta and has accumulated massive fame alongside huge earnings.
Currently, Faust has an estimated net worth of $2 million. Also, as the owner of Keep It Clean Inc., an estate and commercial cleaning service, Mimi’s business venture has aided additional revenue in her fortune.
Mimi Faust’s Net Worth: Income Source & Earnings
Professional for over 6 years, Mimi Faust’s successful career has garnered a hefty sum, tagging herself as a millionaire. According to Celebrity Net Worth, Faust has a net worth of $2 million as of April 2019.
Back in 2017, The Richest recorded her fortune to be $1.5 million.
The main source of her income is the TV career, her notable appearance is credited to Love & Hip Hop: Atlanta. Besides this, Mimi also earns a lot from estate Keep It Clean Inc. as well as working as an interior design model.
Initially, Mimi Faust started her career appearing on the music videos in It's Gonna Rain by Kelly Price and Frontin by Pharrell Williams and has worked alongside actress Lauren London and model Lanisha Cole.
Well, she rose to fame after joining as the cast of VH1 show Love & Hip Hop: Atlanta, the spin-off of Love & Hip Hop. From 2012-2016, Mimi earned the salary of $20,000 per episode, the payroll increased to $37,500 in 2017 onwards.
Online sources cite that an actress in the United States earns the average salary in the range of $45,000 to $57,000.
Endorsement, Instagram Earnings & Business Venture
Well, Mimi’s endorsements and earnings from the deal is yet to be out, though is estimated to be pocket a chunk of money from sponsorships. In her Instagram, Faust often promotes the Boom Bod, a drink.
As per Influencer Marketing Hub, the TV personality can make $7,109 -$11,848 per sponsored post via her Instagram, where her followers are over 3.5 million.
Besides this, Mimi Faust an entrepreneur, is the owner of Keep It Clean, Inc, a commercial cleaning service. Moreover, inspired by her daughter, Mimi Faust also has a children fashion line. Probably, the earnings from her business venture read the 6-digit figure.
Asset, Lifestyle & Expenses
Currently, Faust lives in her house in Atlanta, Georgia, which is estimated to be worth hundreds of thousand dollars- the purchase detail of the property is not out.
Well, the median cost of a house in Atlanta is $260,200 that also chains up to the extra expense of $1,100 as house insurance premium.
Surfing through her Instagram, Mimi Faust seems to be living a lavish lifestyle. For a fact, the median net worth in American is $224,000, so the American reality star owning $2 million certainly surrounds herself with luxury.
Besides making expenses on costly clothes, jewelry travels, she seems to have spent well on luxury cars. Sources report Mimi Faust’s car collection includes Cadillac (worth $70,000), Ford G7, and Chevy Silverado.
Tax Expenses: Property & Income Tax
Meanwhile, the exact detail on Mimi Faust’s income payment is not out, but it reportedly costs her hefty money to slip off from her pocket.
Her home in Atlanta, Georgia, calls 1.144% of its market value as property tax, for instance, a $3,432 tax upon the property $300,000 worth.
On the other hand, she also has to pay $28,400 as income tax, if Mimi Faust’s annual revenue is $100,000.
Fun Fact: In March 2019, in Season 8 of her reality show, Mimi talked about her home invasion and gunshot on her that nearly got her. However, fans didn’t buy up her story as there was no news of the invasion before and also, there is no Park County in Georgia which the TV personality mentioned.
Unlike other celebrities, even if Mimi Faust has not made a huge donation or done charitable works, she is active in social works though. Faust has associations with many charitable organizations.
Well in February 2015, she and her daughter Eva attended Women Of Atlanta, a charitable fashion show. The event focused on breast cancer awareness.
Sex Tape Scandal
Back in 2014, while in relationship with her boyfriend Londell Smith, professionally known as Nikko London, Mimi Faust's leaked sex tape went viral.
Well, it was released through Vivid Entertainment titled Scandal in Atlanta. While the former duo claimed it as a leakage, the public claimed it to be staged.
Despite the controversty, it earned Faust a massive $100,000 from the tape sales.
Mimi Faust’s Personal Life: Age, Education, Family & Relationship
Born in Newport News, Virginia, the U.S. on January 3 of the 1970s, Mimi Faust's birth name is Olurem Fela James. She was raised by her mother who was active in Scientology, a body of religious beliefs, but at the age of 13, mother left her.
For a fact, Mimi didn’t meet her father until she was 16; reportedly, Mimi Faust was the result of an affair. The TV star’s father died in 2014.
No information on her educational qualification is out.
As of April 2019, Mimi Faust’s age is not exact but is alleged to be in her 40s. She has a height of 5 ft. 8 inches (173 cm).
Well, Faust is an unmarried woman till date but has a daughter from her past affair.
From 1997 to 2012, Mimi Faust was famed as the long-time girlfriend of producer Stevie J. With her then-boyfriend, the reality TV star welcomed daughter Eva Jordan in 2009.
Also, she was in a relationship with American record producer Londell Smith.
For a fact, after breaking up with Stevie, Mimi’s taste of sexual orientation changed and is currently dating her girlfriend Tamera Young, a basketballer.
The duo is dating since 2016 and is together without any mishaps.
Did You Know? Mimi’s ex-boyfriend Stevie J. owned $20 million at the peak of his career, but his mismanagement nearly made him broke later.